Dec 28, 2012 4:00pm EST
of the year. you're betting on congress which is absurd. why would you bet on congress? i don't care if they convene sunday night at 6:00. you going to bring the senate back at 2:00 a.m. to reject their bill. there has been no market pressure on this congress, and until there is, there will be no deal which means we go a lot lower before they ever come across the aisle to make a deal and solve this issue. >> but we don't know exactly what is going to happen in the new year, right, and isn't it a big risk? if you go into cash now, liquidate, go into cash and there's a big real, and we're off to the races again? >> you know, that -- again, that is -- i have a very hard time with the got to be in all the time to miss a rally opportunity. look, odds are there's going to be volatility, and we even saw it this year. the market ends, you know, a nice strong year, but there was opportunity to buy weakness during the year, so if -- look, if miraculously they come out and there's a huge deal and you are cash heavy, as i am, will i be, you know, clamoring to put that money to work to try to cha
Dec 28, 2012 11:00am PST
of protection overnight, and more beautiful mornings. ♪ pampers. peaceful nights. playful days. . >>> all eyes on washington, d.c., specifically the white house. four top leaders, four top ranking members in congress meeting with the president right now. we've got some details from our chief white house correspondent jessica yellin who said moments ago that the president is meeting with timothy geithner. the president has asked to raise taxes on those making $250,000 or more. and if the other side does not have a counter proposal, then he will is ask for an up or down vote in the house and senate. there you go. as soon as they come out, they will step up to the microphones and you will get it right here on cnn. you will be the first to know. >>> if you were putting together a list of the top 2012 moments, there were compelling moments inside and outside the campaign that made indelible marks. here are the top ten from our chief correspondent candy crowley. >> reporter: it's like finding your favorite grain of sand on the beach. there are moments when catch phrases become boomerangs. >> if you'